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Delia

Update on Delia

Delia owns and operates their farmland, planting and harvesting rice for sale in the local community to earn a living. For more than eleven years, she has sustained their farm and has successfully repaid her previous loan used for farming. Improving their farm is her goal for she wants to ensure a better source of income in the future. To purchase fertilizer for this cropping season, she took a new loan from GDMPC.

Her hope and dream is to improve her living situation and save a portion of her profit for the future.

Previous Loan Details

Delia is a single and lives in Jimenez, Misamis Occidental. She owns and operates farmland, planting and harvesting rice for sale in the local community to earn a living. She has been in her business for over 10 years and earns 4,000 PHP (Philippines pesos) every month aside from other income.… More from Delia's previous loan »

Additional Information

About GDMPC

Gata Daku Multi-Purpose Cooperative (GDMPC) was founded in 1992 by 32 farmer-members to empower people by providing livelihood opportunities and other support services. Today, it has over 15,000 members located in upland, lowland and coastal regions of the Philippines, and offers credit, savings, education, and various social services.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $1175
    Average annual income
  • 502
    View loans »
    Philippines Loans Fundraising
  • $51,053,400
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $425 helped Delia to purchase fertilizer.
70% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2014
Listed
Jul 28, 2014
Currency Exchange Loss:
Possible